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Coca-Cola European Partners PLC (NYSE:CCE)
Cash Flow from Operations
$945 Mil (TTM As of Jun. 2016)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Jun. 2016, Coca-Cola European Partners PLC's Net Income From Continuing Operations was $171 Mil. Its DDA was $84 Mil. Its Change In Working Capital was $-72 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $21 Mil. And its Cash Flow from Others was $54 Mil. In all, Coca-Cola European Partners PLC's Cash Flow from Operations for the three months ended in Jun. 2016 was $258 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Coca-Cola European Partners PLC's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:

Cash Flow from Operations(A: Dec. 2014 )
=Net Income From Continuing Operations+DDA+Change In Working Capital+Deferred Tax
=672.28729963+313.327990136+-81.120838471+65.9099876695
+Cash Flow from Discontinued Operations+Stock Based Compensation+Cash Flow from Others
+0+28.3970406905+-3.04562268804
=996

Coca-Cola European Partners PLC's Cash Flow from Operations for the quarter that ended in Jun. 2016 is

Cash Flow from Operations(Q: Jun. 2016 )
=Net Income From Continuing Operations+DDA+Change In Working Capital+Deferred Tax
=170.647191011+84.1303370787+-71.6415730337+0
+Cash Flow from Discontinued Operations+Stock Based Compensation+Cash Flow from Others
+0+21.4269662921+53.502247191
=258

Coca-Cola European Partners PLC Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2016 was 410.542087542 (Sep. 2015 ) + 155.666666667 (Dec. 2015 ) + 120.625835189 (Mar. 2016 ) + 258.065168539 (Jun. 2016 ) = $945 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Coca-Cola European Partners PLC's net income from continuing operations for the three months ended in Jun. 2016 was $171 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Coca-Cola European Partners PLC's depreciation, depletion and amortization for the three months ended in Jun. 2016 was $84 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Coca-Cola European Partners PLC's change in working capital for the three months ended in Jun. 2016 was $-72 Mil. It means Coca-Cola European Partners PLC's working capital declined by $72 Mil from Mar. 2016 to Jun. 2016 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Coca-Cola European Partners PLC's cash flow from deferred tax for the three months ended in Jun. 2016 was $0 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Coca-Cola European Partners PLC's cash flow from discontinued operations for the three months ended in Jun. 2016 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Coca-Cola European Partners PLC's stock based compensation for the three months ended in Jun. 2016 was $21 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Coca-Cola European Partners PLC's cash flow from others for the three months ended in Jun. 2016 was $54 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coca-Cola European Partners PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations -1,144710-4,265586621760672663672594
CF_DDA 1,0131,0651,019285263326332306313273
ChangeInWorkingCapital -111-93-55421-108106-78-8149
CF_DeferredTax -1,07418-2,52320-6-123-131-7666-8
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 00438204435332841
Cash Flow from Others 2,908-487,352-136-78-24-74-19-3-11
Cash Flow from Operations 1,5911,6521,571841821875940827996938

Coca-Cola European Partners PLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
NetIncomeFromContinuingOperations 1161982641379419818915865171
CF_DDA 75789089696773676584
ChangeInWorkingCapital -126-152-10178-3-124216-372-72
CF_DeferredTax -417498-92421-39-170
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 8778881511921
Cash Flow from Others -2-2-12-563-103-4-354
Cash Flow from Operations 67146399421154235411156121258
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